The earnings call reflects a positive outlook with strategic growth initiatives and revenue increase, despite moderate growth and increased competition. The expansion into new markets and acquisition of federal clients are promising developments.
Company Guidance
During the SideChannel Fiscal Year 2025 Q1 Financial Results Update Conference Call, CEO Brian Haugli outlined key strategic objectives to drive growth, focusing on expanding proprietary software revenue with Enclave, increasing vCISO and service engagements, and enhancing program adoption at current clients. The company started the fiscal year strongly, with a revenue growth of just under 10% year-over-year and increased cash for the fourth consecutive quarter, ending with $1.4 million in cash, cash equivalents, and short-term investments. Haugli emphasized the importance of maintaining manageable operational costs while aiming for higher profit margins through software sales. The company is also looking to expand its market presence internationally, particularly in Asia Pacific, the Middle East, and Latin America. CFO Ryan Polk highlighted the strategic use of cash for operations and future investments, though the company does not provide specific financial guidance.
Revenue Growth
The company reported a revenue growth of just under 10% on a year-over-year basis for Q1 2025.
Strategic Focus Areas
SideChannel outlined three major focus areas for growth: expanding proprietary software revenue with Enclave, increasing vCISO and service engagements, and expanding program adoption at current clients.
New Market Expansion
SideChannel is focusing on new markets including Asia Pacific, the Middle East, and Latin America, with a new hiring dedicated to these regions.
Increased Cash Flow
The company reported an increase in cash for the fourth consecutive quarter, ending Q1 2025 with $1.4 million in cash and cash equivalents.
New Federal Clients
SideChannel secured two Department of Defense clients, demonstrating growth in federal market engagement.
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SideChannel (SDCH) Earnings, Revenues Date & History
The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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SDCH Earnings-Related Price Changes
Report Date
Price 1 Day Before
Price 1 Day After
Percentage Change
Feb 05, 2025
$0.04
$0.04
0.00%
Dec 05, 2024
$0.04
$0.04
0.00%
Aug 07, 2024
$0.04
$0.05
+25.00%
May 07, 2024
$0.05
$0.06
+20.00%
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does SideChannel (SDCH) report earnings?
SideChannel (SDCH) is schdueled to report earning on May 07, 2025, TBA Not Confirmed.
What is SideChannel (SDCH) earnings time?
SideChannel (SDCH) earnings time is at May 07, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.